The Logic Behind Gain-Sharing Plans Is That

question 1

Multiple Choice

The logic behind gain-sharing plans is that:

• A) reward systems such as pay for performance are practical only when performance can be easily and objectively measured.
• B) those who are making lower salaries get larger percentage increases,whereas those earning higher salaries get a flat raise.
• C) if everyone works to reduce cost and increase productivity,the organization will become more efficient and have more money to reward its personnel.
• D) individuals who do superior work can be given increases greater than the rest of their colleagues.

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Definitions:

Cerebrovascular Accident (CVA)

A medical term for a stroke, an event leading to brain damage caused by a change in the brain's blood flow or the rupture of blood vessels.

Syncope

A temporary loss of consciousness usually related to insufficient blood flow to the brain, often called fainting.

Hemorrhage

An excessive or uncontrolled bleeding, either internally or externally, due to ruptured blood vessels.

Autopsy

A post-mortem examination of a body to determine the cause of death or the extent of disease.